Iran is set to purchase 114 Airbus jets for state-owned carrier Iran Air. The order is enabled by the lifting of the United States and European economic sanctions imposed on Iran on January 16.
Business And Markets
Iran Business And Markets News, Get the latest business news about Iran including banking, stock market, real estate market, steel industry, mining, trade finance, fintech and insurance.
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Iran Mercantile Exchange’s export trading board saw 55,000 tons of granulated iron ore supplied by Iranian Central Plateau Iron Ore Complex at the base price of $11 per ton on Monday.
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Tehran Stock Exchange’s all-share index TEDPIX lost 304.60 points or 0.47% to settle Monday trade at 65,119.5.
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The housing sector will get better only when the state of the economy and purchasing power of homebuyers improves, a Tehran-based analyst said.
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United Kingdom Export Finance has reintroduced a £50 million ($ 71.2 million) cover to support UK companies seeking to compete for business in Iran, following the lifting of the sanctions against…
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The Export-Import Bank of South Korea (Eximbank) announced Sunday it would upgrade Iran’s credit rating to C2 from C3, the sixth-highest on its nine-grade rating system.
A rating upgrade…
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Bank Mellat, Bank Sepah and Parsian Bank have signed a joint contract to finance the completion of two South Pars gas development phases (11 and 24) and the National Gas Pipeline, ILNA reported.…
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The Central Bank of Iran will utilize its foreign assets to stabilize the foreign exchange market, expand exports and create new jobs, Valiollah Seif, the bank's governor said late Saturday.…
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The price of Iran’s iron ore of 62% purity destined for China’s Qingdao Port slipped $0.58 to $38.92 per ton, reversing the ascending trend of the previous year’s last two weeks and dispelling…
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The Joint Comprehensive Plan of Action is not the endgame, but only the beginning for the reconstruction of Iran’s economy, said the head of Iran Chamber of Commerce, Industries, Mines and…
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Iranian stocks headed for the highest level in more than five months after sanctions imposed over the country’s nuclear program were lifted.
Tehran Stock Exchange’s overall index TEDPIX…
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Russia wants to expand its transit networks south to Iran, but doing so will not be easy.
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The Isfahan Municipality and investors at the two-day 'Conference on Investment Opportunities in Isfahan' signed eight MoUs estimated at 24 trillion rials ($795 million), including one with…
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Lifting of economic sanctions on Iran could be a boon for the UAE and Lebanese banks that have close ties with businesses in Iran according to the Institute of International Finance (IIF).
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Bank Parsian is set to take over the insolvent credit institution, Samen-al-Hojaj, following problems its depositors face in taking back their money, according to website banker.ir. The latest…
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Rial gained 1.3% against the US dollar in Saturday trading as diplomats gathered in Vienna to announce the end of international economic and banking sanctions against Iran.
The Greenback…
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Equities responded to the "Implementation Day" of the historic nuclear deal on Saturday, with their largest gain since March, while all major currencies retreated against the rial to two-month…
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More than 750,000 tons of minerals worth $17.1 million were exported from Hormozgan Province to the UAE, Oman, China and India during the nine-month period ending December 21, indicating a 43% and…
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Iran Mercantile Exchange’s oil and petrochemical trading board witnessed the supply of 51,180 tons of bitumen on Saturday.
Furthermore, 29,372 tons of heavy aromatics, ammonia, paraxylene,…
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More than 121 million tons of copper were extracted from Iran’s three largest copper mines, namely Sarcheshmeh, Sungun and Miduk, from March to December 2015, which is 664,000 tons less than the…
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The Second International Exhibition on Investment Opportunities in Iran’s Mining, Metallurgy, Cement and Related Industries is scheduled for January 26-29 on the southern Kish Island.
The…
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India’s largest-ever steel export deal, struck with Iran in 2014 to allow it to buy the metal without violating western sanctions that are now set to end, has become mired in a dispute that has…
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Improving manufacturing and trade are the two main ingredients for economic growth and development, Akbar Hashemi Rafsanjani, head of the Expediency Council said Thursday.
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The banking sector will open accounts for nine foreign banks after the lifting of the sanctions, while about 20 others are ready for cooperation in the post sanctions era, said Bank Parsian's…
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Bank Ayandeh’s financial management application, HADAF, and Bank Maskan’s two-factor authentication system won the fifth Nourbakhsh Festival Award for innovation in the banking system. HADAF…
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